Top 5 Essentials to Know Before Investing in Stocks - Investopedia

The service will initially support bitcoin, ether and the stablecoins USDC, EURC and EURAU, with the bank managing clients’ wallets and private keys.

Layer-1 blockchain network Qubic halted operations Sunday after an attacker reportedly exploited weakly generated wallet seeds to drain approximately $1.4 million from more than 1,400 accounts, according to the project. In a statement on X, Qubic said the network was halted at tick 85,371,949, where it remains paused at the time of writing. Qubic said the vulnerability affected wallet seeds generated using any browser on an iPhone or iPad, Safari on a Mac until Oct. 18, 2026, or the Qubic iOS app before July 2025, leading to 2.94 trillion Qubit (QU) stolen. “87.1% of the drained funds never left the Qubic network and remain frozen in place,” said Qubic. “The remaining 12.9% was sent to MEXC, whose team froze the receiving account within about an hour.” The Qubic theft is the latest in a series of attacks tied to weak wallet seeds. In July, Coldcard disclosed that attackers had stolen funds from wallets whose seeds were weakened by a firmware bug. Similar flaws affected Trust Wallet’s browser extension and the Libbitcoin Explorer tool in 2023.

Recent tax rebates have brought buyers back to the market, but their expiry threatens to undo that progress

Eight more companies objected to trading on the planned OKX-ICE venue, while Nasdaq has separately said it would opt out under the SEC’s framework.

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HEX erases $246 million in market cap after founder detained in TurkeyThe HEX market cap fell from $561 million to $315 million this week after founder Richard Schueler — better known to the crypto community as Richard Heart — was detained by authorities in Istanbul on October 14. Police seized $7.15 million in cash along with firearms and ammunition during an early morning raid in Istanbul’s Beşiktaş district, alongside searches of 15 related addresses according to Turkish Justice Minister Akın Gürlek. Police impounded nine luxury vehicles registered to Schueler’s wife according to news agency Anadolu. The haul reportedly included 28 watches, 300 bags and 19 graphics cards. Interpol issued a “Red Notice” for Schueler’s two years ago over allegations of tax fraud and assault, after Finnish authorities sought his arrest. A spokesperson for Finland’s National Bureau of Investigations declined to comment on the matter. Turkish media refer to Schueler as “Whale James” and have linked him to a $1 billion unregistered securities offering in the US. However that case was dismissed by a US judge in February 2025.